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Are you guilty as charged without even knowing it?

17 October 2020

Following HMRC’s recent statistics on investigations relating to the corporate criminal offence (CCO), we discuss the potential affects for unsuspecting organisations.

Is naming and shaming tax defaulters an effective tax evasion deterrent?

24 August 2018

Being ‘named and shamed’ as a tax evader presents a serious reputational and financial risk. But do taxpayers see this as a deterrent? And do they know the risks?

Requirement to correct – It’s not too late
Andrew Hinsley

30 July 2018

HMRC guidance regarding its requirement to correct (RTC) has been updated. So long as HMRC has been notified of a taxpayer’s intention to disclose by 30 September 2018 using its online worldwide disclosure facility (WDF), the taxpayer will be considered to have met the deadline.

Increased HMRC focus on offshore property for developers

04 April 2018

Are your clients at risk of an investigation by the Offshore Property Developers Task Force (OPDTF)?

Prove it or lose it - wealth confiscation powers

15 March 2018

Anyone might think that London is awash with ‘dodgy’ money. But is this true? The UK government has not been particularly vocal about the measures it has put in place over the last few years to tackle ill-gotten gains being enjoyed in the UK, but there are many of them.

HMRC's targeting of EIS investors could damage the growth of the UK economy

09 February 2018

HMRC appears concerned about perceived abuse of the enterprise investment scheme (EIS) tax reliefs available to individuals. It is undertaking a data-mining programme, using profiling, to open detailed formal tax enquiries into the personal tax affairs of investors, principally to gather data.

HMRC urgently needs to clarify penalty policy

11 January 2018

HMRC has recently revised its penalty factsheet which appears to impose new penalty arrangements for those wishing to correct historic tax errors. There is an urgent need for HMRC to clarify exactly what the policy now is and to confirm its legal basis.

When is a van not a van? When it’s a car

13 September 2017

A recent First Tier Tax Tribunal decision leaves many employees facing heavy tax bills on company cars that they thought were vans. Employers will need to consider settling the bills on their behalf to avoid having disgruntled employees. The Tribunal gave some useful guidelines on the distinction between a van and a car, but the position remains hopelessly unclear, especially with misleading HMRC guidance.

Catching the tax dodgers

16 August 2017

This week, the nation had the chance to follow HMRC cracking down on tax evaders in a Channel 4 documentary, but was this a fair representation of current enforcement or an out-of-date representation of HMRC’s modern investigation methods?

Is HMRC keeping up with tax evaders?

27 June 2017

At the start of the year tax evasion and avoidance featured in the news agenda on a regular basis. Despite fewer headlines, tackling this issue still remains an important part of the UK government’s tax agenda, but is HMRC ahead of the game or struggling to keep pace?

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